This week, 20 companies announced dividend record dates, with 14 paying cash dividends, 1 issuing additional shares, 1 offering bonus shares, and 4 distributing stock dividends.
Novaland’s Debt Exceeds 64 Trillion VND
Novaland Group (stock code: NVL) approved a convertible loan plan with a maximum limit of 2.5 trillion VND. The loan has a 3-year term from the disbursement date. Borrowers can prepay up to 50% of the principal after 12 months, while lenders can convert the loan into common shares. No collateral is required.
Novaland’s convertible loan plan capped at 2.5 trillion VND.
Conversion is expected at months 18, 24, or 30 post-disbursement. The conversion price is 115% of NVL’s closing price five days before conversion. In Q3, NVL reported 1.683 trillion VND in revenue and a 1.153 trillion VND net loss, compared to a 2.950 trillion VND profit last year. Nine-month revenue reached 5.398 trillion VND, with a 1.820 trillion VND net loss due to reduced financial income.
As of September 30, Novaland’s total debt was over 64 trillion VND, including 32 trillion VND in short-term loans.
Nova Final Solution, a Novaland subsidiary, announced delays in bond interest payments due December 13, totaling 23 billion VND. Negotiations with investors aim to repurchase the remaining 1.099 trillion VND debt by January 2026. The 1.350 trillion VND bond, issued in 2020, matures in 2024.
Share Buyback Initiative
Mobile World Investment Corporation (stock code: MWG) completed a 10 million share buyback from November 19 to December 12 at 80,969 VND per share, totaling over 800 billion VND. The buyback aims to reduce charter capital to 14.775 trillion VND (1.477 billion shares).
In Q3, MWG achieved record revenue of 40 trillion VND, with nine-month revenue at 113.436 trillion VND, up 14% year-on-year.
MWG to reduce charter capital to 14.775 trillion VND.
Saigon Cargo Service Corporation (stock code: SCS) will pay a 25% interim dividend on December 22, distributing 250 billion VND. Gemadept (GMD) and Vietnam Airport Corporation (ACV) will receive 85 billion VND and 35 billion VND, respectively.
Phu Tung May So 1 JSC (stock code: FT1) will pay a 51.42% cash dividend on December 19, totaling 36 billion VND, its highest payout since 2021.
VietinBank (stock code: CTG) will issue 2.4 billion shares as dividends from 2021-2022 and 2009-2016 profits, increasing charter capital to 77.670 trillion VND.
World Mobile Group Completes Repurchase of 10 Million Treasury Shares
Mobile World has recently repurchased 10 million treasury shares at an average price of 80,969 VND per share, effectively reducing its chartered capital to approximately 14,697 billion VND.
Major Bank to Finalize 44.64% Dividend Payout Next Week
The upcoming dividend payout is set to reach nearly 24 trillion Vietnamese dong, marking a significant distribution to shareholders.
Dividend Ex-Rights Schedule Dec 15–19: Two Banks Lead, Highest Cash Dividend at 51%
This week, 14 companies are distributing cash dividends, with rates ranging from a high of 51.4% to a low of 2.5%.
Novaland Seeks Unsecured VND 2.5 Trillion Convertible Loan
Novaland has recently approved a plan to raise up to VND 2,500 billion through a convertible loan, offering lenders the option to convert the debt into equity. This three-year loan is unsecured, meaning no collateral is required.
VietinBank Honored with Two Prestigious Awards for Transparency in Governance
During the 3rd to 5th of December 2025, in Ho Chi Minh City, VietinBank (Vietnam Joint Stock Commercial Bank for Industry and Trade – Stock Code: CTG) was honored with two prestigious awards. The bank secured a spot in the “Top 10 Companies with the Best Annual Reports in the Finance Sector” at the 2025 Listed Company Awards (VLCA). Additionally, VietinBank was recognized among the “Top 50 Pioneering Listed Companies Committed to Enhancing Corporate Governance in Vietnam – VNCG50” at the 8th Annual Corporate Governance Forum (AF8).
